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Does Today’s Housing Market Resemble 2006?

Published 2 months ago

It feels like home prices are constantly on the rise! Is this 2006 all over again? Well, a deeper look into the data shows things are much different this time around. When adjusted for lower rates, and higher wages, it is actually cheaper to own now than it was in 2006. These low rates and lack of inventory will continue to drive home prices up.

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